Latest / Simply Bitcoin / Steve Bannon is a Bitcoin Maximalist | EP 642

Transcript

Steve Bannon is a Bitcoin Maximalist | EP 642 · Simply Bitcoin

0:14
Yo welcome to Simply Bitcoin live today is December 20th.
0:18
2022 where your number one source for the peaceful Bitcoin
0:21
revolution could have breaking news cold traumatic Warfare.
0:24
We will be your guide through the separation of money and
0:26
state speaking of the separation of money and stay.
0:29
So we've been on top of this for a while now, right?
0:33
This is this concept where unfortunately Bitcoin media,
0:37
right? The Bitcoin space Bitcoin
0:39
Twitter it's kind of like this Echo chamber like we We think
0:44
that a lot of the ideas that we were discussing or very obvious,
0:48
but the reality, is that outside of our sphere, these ideas
0:54
aren't really popular. That's why, you know, you talk
0:56
to no corners or normies, whatever you tell them and they
1:00
look at you like a crazy person, right?
1:02
But we've been making the case of slowly.
1:04
But surely write the ideas of Bitcoin.
1:07
Write the ideas of why does a central bank.
1:13
I have this ability to create money for free that everybody
1:16
else has to work for and all the unintended consequences of
1:20
having that ability, right. And we've been making the case
1:24
that that those ideas are seeping into the mainstream
1:28
Consciousness. More importantly on broadcasters
1:32
that are extremely popular, that built up a popularity not on
1:37
bitcoin itself, right? They're not seen as bitcoiners.
1:41
They're just seen as broadcasters, right?
1:45
So we had Tucker Carlson not too long ago where he made the case.
1:49
Remember his orange pill Journey, right?
1:51
And remember Tucker Carlson is the second most popular
1:54
broadcaster in the United States 3.5 million average listens and
1:59
Views per episode of Tucker Carlson tonight.
2:02
Number one is Joe Rogan, but today, I want to talk about
2:05
Steve been. He's extremely divisive figure
2:09
and I wouldn't even get into, you know, his politics and
2:12
whatnot. But I'm not paying Attention to
2:14
that. What I'm really paying attention
2:15
to. In the purpose of this channel
2:17
is to push the peaceful Revolution forward the Bitcoin
2:21
Revolution, right? And I would even make the case
2:24
that that Bridges the Gap, the political divide because I
2:27
believe in my heart, that a lot of the political division is
2:31
caused by the Broken incentives caused by The Current financial
2:35
system. And I think that if you fix the
2:37
money, I think you could find a lot of common ground between The
2:44
two predominant ideologies in the United States.
2:47
But what was really interesting about Bannon is that right now.
2:50
He has one of the most popular political podcast in the United
2:54
States and yesterday at am fest. He was on Tim cast.
3:00
IRL, they're broadcasting live from there and he started
3:04
talking about the fed and oh God did he sound like a Bitcoin?
3:08
ER he sounded very very much like a Bitcoin and I we have the
3:11
clip for you. We're going to discuss it.
3:13
We also have other dots that we're going to connect but I
3:17
really believe guys, I'm going to make the case that it's just
3:20
a matter of time before this movement, because that's what it
3:25
is. This is grass, roof move,
3:27
Grassroots movement that doesn't care about your race, your
3:30
religion, your Creed, your skin color.
3:33
It's amazing is about to go mainstream because they're
3:37
already talking about their identifying the problems, but
3:41
where they get it wrong, just like the Gold bugs.
3:44
Got it wrong. The gold bugs.
3:45
Got everything right. Except for the in, have the
3:48
proper tool and now you're starting to hear in mainstream
3:54
broadcasting circles. The idea of ending the FED that
3:58
the FED is the cause of a lot of these problems, and I'm really
4:04
glad we're here. How long until not only is it
4:09
End the Fed, but what are you going to replace the Fed?
4:13
With and I think it's just a matter of time before people
4:16
wake up to that reality. And this is where it falls down
4:21
to you. The individual.
4:23
Every tweet you like every mean you make Every response that you
4:29
make to a tyrannical tweet by people like Elizabeth Warren or
4:33
Senator Marshall, it's effective.
4:37
It gets our message out there. It pushes the movement forward,
4:45
it pushes the separation of money and state as a lot of the
4:49
problems that we have today. it's because State and money are
4:55
intertwined and admits aligns a lot of the incentives and this
5:00
happened a couple hundred years ago where you had the
5:05
combination of church and state And a lot of the same things
5:09
happen, a tremendous amount of corruption, and then those two
5:13
institutions were separated. And I believe that we are in a
5:16
moment in history where We're living through the separation of
5:23
church and state. It's being disintermediated and
5:26
information is being disintermediated as well.
5:29
Which is how I have the ability to direct.
5:31
You know, talk to you guys directly even though I'm just up
5:34
in my home, with the microphone in a camera, anybody could do
5:37
what I'm doing. Anyways, I want to bring up my
5:40
awesome co-host. He is how you doing Opti?
5:44
He's traveling right now traveling for the holidays?
5:46
Yes, I am doing good. I am back at my parents house
5:50
until Christmas ish. As you can tell, I want a
5:54
different microphone. I left to click and I left my
5:57
microphone back home. So I had to run out last night
5:59
and find one from a friend, but the show don't stop so excited
6:03
to be here. Always excited to be here.
6:04
And on your point, I am very interested to hear.
6:09
Here Nika Jones, put some dots together for us and then the
6:12
culture I saw some articles this morning by Reuters saying that
6:15
you know basically some more obituary are saying Bitcoin is
6:18
dead. And then we have an article by
6:21
coin desk. They they have come around and
6:26
they fix their mistake of not having bitcoiners to their top.
6:29
Most prestigious crypto people in the space and they added a
6:33
new article the 10 improvements on bitcoin.
6:35
So we're going to show that Bitcoin isn't dead and And, you
6:40
know, we're gonna bring the receipt so it's gonna be a good
6:42
show. I'm excited.
6:43
Absolutely, I'm excited. Nico actually, nevermind get
6:47
into the numbers and then I'll and then I'll, I'll cut you off.
6:52
The Bitcoin numbers brought to you by novel.
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Visit nottle, Dottie you today. All right, everybody hold on,
7:19
Nico, hold on Nico. We are Ready?
7:21
Got a Super Chat oh oh oh oh my God.
7:24
Alright guys. You know the deal it's super
7:27
chats are enabled on YouTube by popular request and would anyone
7:31
anytime you drop us a Super Chat, we will stop the show and
7:35
really what you guys are saying, which I in hindsight, I think
7:40
this was a terrible idea so the super check comes from vague.
7:44
My hemorrhoids are getting worse, but I only use products
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endorsed by simply Bitcoin is preparation AJ.
7:51
Joe sponsor fuck you vague but thank you for the Super Chat.
7:56
Preparation, be is a spa. Okay, price the coin.
8:00
Price is sixteen thousand eight hundred and sixty in the SATs
8:03
per dollar 5947 block height, 760 8240, reachable Bitcoin
8:10
nodes, 14,700 82. I can't get that image out of my
8:13
head blocks of the having 70 1760 April having estimate,
8:18
April 25th 2024. Total lightning Network Positi
8:21
5143 Bitcoin, the estimated Fiat Valley of that is 86 million,
8:28
u.s. dollars realized monetary inflation, 1.76 percent and the
8:31
market capitalization of Bitcoin is a 323 billion dollars.
8:38
So I have a clip for you guys, but before we get to that this
8:42
weekend was a historical moment. If we look back in time, this
8:47
was when the houghtaling thing originated, So Throw Back to
8:52
December, 18, 2013. And this is where houghtaling
8:56
came from, this is the original post.
8:58
It was by someone called dc/dt CX + MC.
9:04
It says, I type D that twiddled twice because I knew it was
9:07
wrong. The first time still wrong, or
9:09
whatever, girlfriend's out at a lesbian bar, Bitcoin crashing,
9:13
why am I hot holding? I'll tell you why, it's because
9:16
I'm a bad Trader and I know I'm a bad traitor.
9:19
Yeah, you good Traders can spot. The highs and lows pittypat
9:22
piffy Wing Wang Wang just like that and make a million.
9:26
Oh bucks. Sure, no problem.
9:28
Likewise the weak hands are like, oh no, it's going down.
9:31
I'm going to sell. And then they're like, oh God my
9:34
asshole when the smart traders, who know, what the fuck they're
9:38
doing by back in. But you know what?
9:40
I'm not part of the group. When the Traders by back in, I'm
9:43
already part of the market get Market Capital.
9:46
So guess, who's who you're cheating?
9:48
Day Traders, not me. Those taught thread.
9:51
Saying oh you should have sold. Yeah, no shit.
9:54
No shit. I have soul.
9:55
Should I should have sold. I should have sold moments
9:57
before every cell in bought moments before every by.
10:00
But you know what not everybody is as cool as you.
10:04
You only sell it a very Market. If you're a good day trader or
10:07
an illusion, Noob, the people in between hold and a zero-sum game
10:11
such as this Traders can only take your money if you sell.
10:15
So I've had some whiskey actually on the bottle.
10:18
It spelled whiskey, whatever, sue me.
10:21
But only if it's payable in BTC and the threat, the the name of
10:27
the thread is, I am houghtaling epic fucking post epic moment in
10:32
Bitcoins history, dude. So freaking cool and actually
10:36
have a video for you guys from Warren Davidson and he is
10:40
echoing basically. What, what the case that opting
10:43
I have been making for a minute? Now if you've been taking self
10:46
custody, none of these exchange blow-ups would have affected you
10:51
Well, he seems to be one of the big things here.
10:53
Clearly, they didn't have a way to reconcile custody custody on
10:56
behalf of their customers. But sometimes, when people were
11:00
saying well you know, I don't know about this, maybe I'm going
11:03
to take my funds out, let's say somebody bought Bitcoin and now
11:06
they want to exit with custody of Bitcoin in have self.
11:10
Custody is at the point in time when ft x or some combination of
11:15
these entities acquired the Bitcoin so that they could
11:18
deliver what the customer was. Testing.
11:21
Well there's a certain amount of liquidity at a point in time.
11:24
I think the problem happened when when there was effectively
11:27
a run on the bank and there was just less less assets there than
11:31
the depositors effectively would require to be drawn out.
11:36
Underscoring, that is a commingling of those assets even
11:39
amongst the customers themselves.
11:41
So it's just really one pot of crypto if you will, right?
11:44
Okay, so no control, no custody and the only real Safeguard the
11:49
individual consumer had As this was unwinding was the hope that
11:53
they could somehow be one of the lucky people that decided to
11:56
say, I'm going to take possession and self custody my
11:59
own digital asset. Those people, if they've exited
12:04
and they have custody of the assets or their Assets Now safe.
12:08
Well, you're exactly on point. I mean, if we could all be as
12:10
lucky as the Bohemian customers are got the money out.
12:14
All right, thank you my times expired.
12:17
So it's, you know, it's crazy that they're using the, because
12:23
you have to understand guys, there's an Overton window,
12:25
right? And what it's moving, right?
12:28
And the ideas of self custody. Once again, are being spoken
12:34
about in the halls of Congress, right?
12:37
And I think that's extremely important and and even though
12:40
you can kind of get a sense that he didn't know, Exactly how the
12:44
mechanism worked. I think in the general sense,
12:47
right? He got it spot on, right?
12:49
If you took self custody you but you would have been protected
12:52
and the vast majority of people Outsource the custody of their
12:57
Bitcoin to FTX exchange and you know another important
13:03
component, right? Is, you know, in Catlin long
13:06
was, you know, beating the drum about this for so long, right?
13:09
Was this idea of rehypothecation, the reality, is
13:13
that FTX was not selling Bitcoin that they didn't have.
13:19
They they were selling, they were selling big, they were
13:21
selling paper Bitcoin and then everyone had this assumption
13:24
that they had. They said what they had.
13:26
But in reality what that what that gentleman perfectly
13:29
described there was a bank run. People went to go take their
13:33
Bitcoin off the exchange and FTX didn't have enough right because
13:37
they were new, no speculating on that, you know, they're selling
13:39
funds to Almeda, right? So yeah guys, nothing.
13:43
Replaces self, custody self custody is very unique.
13:46
It's something extremely unique to bitcoin.
13:49
It's very, very unique. I know we know the shit coins,
13:52
you know, they tried to, you know, imitate it, right?
13:54
But they're centralized, you know, with etherium, they rolled
13:57
back the chain, but the self custody aspect is what's going
14:01
to fundamentally change the world, right?
14:03
This idea that you can write down 12 words, you know, you can
14:08
memorize them. And now, you could take all your
14:10
wealth with you like, this is a very radical idea.
14:13
And perhaps, you know, we have a lot of financial privilege here
14:17
in the west where we know we have relatively stable Banks,
14:20
relatively stable currency, Good Financial rails developed
14:23
Financial rails. But you know, some people in the
14:27
developing World, they don't have that that privilege.
14:30
Perhaps they live in a totalitarian country or in a
14:33
country that has ridiculously high inflation, right?
14:37
And something like, self custody to them is not.
14:42
It's not a luxury, it's a necessity, right?
14:45
And that's why I'm very bullish on the developed the developing
14:50
World adopting book Bitcoin extremely quickly.
14:54
And I'm less bullish on the developed world.
14:57
I think on the developed world is it is going to be narrative
15:01
Warfare, which is why we're going to talk about the
15:05
importance of, I believe the ideas of ending, the FED
15:10
seeping. Into the mainstream
15:11
Consciousness or so important. Because in the developed World,
15:14
those ideas are going to have to be in the mainstream mindset in
15:21
order for people to wake up to the reality that the money is a
15:25
scam Opti. What are your thoughts on on the
15:28
Warren Davidson video? And bro, that post, dude, that
15:31
post is so freaking epic, guys. The links down below if you want
15:35
to see it dates back to December 18 2013.
15:38
So it literally we just passed the Three, two days ago.
15:42
So freaking epic. Well, the the hot oil mean post
15:48
is just one of the goalposts. That's one of my favorite post
15:51
ever. I think it's one of those things
15:53
where you just love to read every once in a while.
15:54
Just to like not only get a moment of Bitcoin history but
15:58
also just like, get a good laugh.
15:59
It's, you know, this is clearly a stay humble Stacks at some
16:02
moment. I also realized that I am not a
16:05
good Trader and so nor do I want to be a good Trader.
16:08
I just want to save and bit. Coin.
16:11
Like I just want to hold hold a money that doesn't get the based
16:15
over time. And this is the point of
16:17
Bitcoin, you know, saving money to minimize the uncertainty of
16:20
the future and hold something that isn't easily debates.
16:25
Hence, the 21 million, hard caps and shit resistance.
16:28
And why we come out and tell everyone to take Bitcoin into
16:31
self custody because you don't need to join the Fiat shit, coin
16:34
casino to try to make it rich. All you need to do is provide
16:37
the value to your fellow man Stacks at stay humble and take
16:40
Bitcoin. The South custody, and this is
16:43
something that you and I continuously talked about the
16:45
fact that the Bitcoin messaging is finally getting into the
16:49
mainstream. Yes.
16:50
First. It's a, you know, getting into
16:53
into the political sphere but soon enough we are seeing that
16:56
it is getting into the mainstream popular culture and
16:59
once we finally fully saturate the popular culture then the
17:03
game is on and we can finally call a bluff on the Fiat system.
17:07
If people take their Bitcoin into self custody it people
17:10
harder. Go through ups and downs and the
17:12
quote, unquote volatility of Bitcoin then you know, we
17:16
finally win. So this is kind of what we tell
17:18
you guys every single day. You know, hottel them Bitcoins.
17:20
Pretty awesome to pass that the anniversary again and read that
17:25
post. And it man, it was so long ago,
17:27
it's just it's awesome. How the memes live the test of
17:31
time and you can just continue to look back on it as just a
17:36
funny moment in history. But also telling a very telling
17:39
story, you do not need to go To save your wealth going into the
17:43
future. All you need to do is hot all
17:44
your Bitcoins and take it into some custody 100%.
17:48
And we actually have someone in the chat and I'm glad that you
17:54
presented this opportunity to completely embarrass you I
17:59
really appreciate that. Mungo jelly said warning this is
18:02
a fake Bitcoin that's completely worthless.
18:05
Bsv is the only real Bitcoin warning.
18:07
Dude look, I'm sorry but you should not have brought this
18:11
This up to us on simply so we'll complete you embarrass you live?
18:15
No problem. Okay so this is the difference
18:19
this is the differences in the hash rate.
18:21
Hash rate basically is an average of the amount of
18:25
computational power backing up the Network's right And you
18:30
could basically make the cases, the value prop, right?
18:33
If you wanted to attack Bitcoin, right?
18:35
You really needed to match the computational power which you
18:40
know the the hash rate represents.
18:42
So this is Bitcoin and this is Bitcoin as V Wright Bitcoin SV
18:47
is that red line that you see at the bottom?
18:49
See it tiny and Bitcoin is the blue line that continues to go
18:56
up. You see this dip right here
19:00
where Bitcoin fell from 173, EXA hashes and fell down to 68 hexa
19:06
hashes. That was because the
19:08
nation-state the Chinese Communist party Band Bitcoin
19:11
within its borders. Honey badger didn't give a fuck
19:14
and it came back. So Bitcoin, survived an attack
19:19
from one of the strongest nation states in the world.
19:23
And bsv has remained flat and dead, basically for the last two
19:30
fucking years. But not only, that bsv has
19:33
suffered, a 51% attack as well. Brow.
19:37
So thank you for bringing that up so that we can embarrass, you
19:40
live BS. Visa fucking shit coin, bro.
19:44
And all you got to do is look at the facts.
19:46
It's controlled by csw. Who's been called a fraud and a
19:50
liar. Not by one judge, but by three
19:54
judges in three separate fucking countries.
19:57
The United States, a Florida judge the UK and a judge in
20:02
Norway. Wrecked anyways Opti let's get
20:07
to the news about how about we got one mean for you Biffle
20:10
next. Delicious bsv.
20:12
Everyone is Satoshi apart from CS W, ho ho ho Merry Christmas.
20:17
Yeah. So anyways glad you brought that
20:19
up, bro. Thank you.
20:21
Keep bringing it up and you know I'll do even more research to
20:23
embarrass you live. Anyways, let's get to the news.
20:29
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Get yourself a block stream Jay today and take self custody of
21:02
your Bitcoin, oh, the bsv lovers still mango jelly, you're
21:08
confused, man, I think you're confused bro.
21:09
Like what what part that we just showed you the hash rate, we
21:13
just showed you that your shit coin got 51 percent attacked we
21:17
just showed you that. The the basically the god-king
21:21
of this of this shit coin was basically called a fraud by
21:24
three separate judges. Like, who's the one?
21:27
Confused. My friend.
21:28
I think your bags are very heavy and I'm very sorry.
21:31
You should sell them and buy some Bitcoin save yourself.
21:34
You'll, thank me later. Anyways, so let's talk about,
21:38
let's talk about Steve Banning, right?
21:40
First of all, I want to, I want to copy out with this, he's an
21:43
extremely divisive figure in the United States.
21:46
I don't agree with a lot of his politics, but that's not what's
21:51
important about what happened, the significance about what
21:55
happened, right? Because remember We Bitcoin we
21:58
are a political on this channel. We don't lean left, we don't
22:00
lean right? What we are for is the pushing,
22:03
the peaceful Revolution, the separation of money and state
22:06
and the traditional Fiat parties.
22:08
I would make the case. They are a distraction, right?
22:10
Because whatever political parties in power, the same thing
22:14
happens, money printer, goes Burr, and that's a wealth
22:17
redistribution mechanism from the lower and middle classes
22:20
that don't have the means to save and assets.
22:23
Therefore benefit from asset inflation back to the government
22:26
and back to Very wealthy that do have the means to save in assets
22:29
there for every time the money printed goes Burr, the prices of
22:33
real. Estate goes sky-high.
22:35
Intends stocks tend to go up as well, so the very wealthy do
22:39
benefit but it's the lower middle classes that are living
22:42
paycheck to paycheck, that do not benefit.
22:46
And what's interesting is that these problems are being
22:50
identified by mainstream broadcasters.
22:53
We've had Tim pool say it before on on his very Very popular
22:58
podcast. We've had Tucker mention it once
23:00
or twice. And then yesterday at
23:03
americafest, which is a very popular, you know, type of
23:06
political convention in the United States.
23:10
This was said on stage and I think it was absolutely
23:14
historic, But Not only was it said, take a look at take a look
23:21
at that. Sticker right there.
23:24
That was this. That was a sticker on the laptop
23:26
of one of the People that was there and for our audio
23:28
listeners. It literally says, in Bitcoin we
23:31
trust and it's a picture of, you know, Satoshi Guy Fawkes masks.
23:36
And right after that, Steve Bannon said his bit.
23:39
Let's let's play the clip and then we'll talk about it Opti.
23:43
Your see, just a minute ago that the administrative State
23:46
controls the government, but I wonder where they get their
23:47
money. The entire government needs
23:49
money, it's getting the Federal Reserve and where's the Federal
23:51
Reserve? Get their money.
23:52
They they hit thing, they hit a thing and create what they get
23:54
it from us with the Swiss franc. The federal, the bank, for
23:57
international settlements, that's West Bank.
23:58
They deals out to all these Federal reserve's around the
24:01
world. And so we're basically being run
24:03
by this global banking cartel at the moment.
24:05
Not remotely. Now there's like AA.
24:06
Remember, the Federal Reserve is the head of the cartel.
24:09
Just Hits F9 and creates. Okay, they just cry.
24:12
Did they are putting you everybody in this audience under
24:16
35 years old is nothing more than a Russian surf, you don't
24:20
own anything in, you're not going to own anything.
24:22
They could be happy, you'll be happy to give you a little bit
24:25
of credit and they put you on the wheel of samsara like a
24:28
hamster, right? You just spend and you maybe get
24:30
a little bit more. But right now, even family
24:32
formation is later because it's tough, it's tough for a couple
24:36
even to make it they've taken what 13 and a half trillion
24:41
dollars of net worth out of this.
24:43
Economy out of our middle class and working class in the last
24:46
nine months. The Federal Reserve.
24:48
Here's the scam, the Federal Reserve just creates it.
24:51
Just creates it. It's not backed by any bonds.
24:54
They don't they can sell bonds to Japanese.
24:56
Insurance companies are the Chinese.
24:58
Nobody buys it. They created they called
24:59
monetize. The debt.
25:00
That means it's on your Euro, the full faith and credit of the
25:03
United States they created in the administrative State,
25:07
they'll take all of it. They can get.
25:09
How do you think we got Thirty one trillion dollars on the, on
25:11
the, on the treasury? The nine trillion dollars on the
25:14
FED, another 30 trillion dollars on Social Security and Medicaid
25:18
and another contingent liabilities of 100 trillion
25:21
dollars because the administrative state has a
25:24
funding mechanism. It's called the Federal Reserve
25:27
we have to end the fed and the fed and the fed.
25:32
And let's take a look at band's popularity, which I think is
25:35
also very important. These are the top Apple podcast
25:38
politics in the United States, he is sitting number three, Be
25:43
on that list behind a podcast called Jack and a podcast called
25:47
pod, save America. You have been in the war room
25:50
right there and he's I don't know about you Opti but those
25:53
are things that bitcoiners have been screaming from the rooftops
25:56
front for a very long time. Now the difference right between
26:01
someone like Bannon and bitcoiners is that we are not
26:05
focused on basically attacking the other side of the aisle,
26:09
right? Because we understand that that
26:11
system in itself. Doesn't really change anything.
26:14
You want to do you want to actually effectuate, change you
26:17
defund, you take self custody. You take power back control over
26:23
your money, which is why, you know, you had the senator, the
26:27
bipartisan Bill, Senator Marshall, and Senator Elizabeth
26:31
Warren, right? Attacking Bitcoin and attacking
26:34
the ideas of self custody. They were floating words like
26:38
hosted wallet in that language, because they understand that
26:42
this This can actually effectuate change, right?
26:47
Voting a political party in power, just gives them control
26:51
or more influence over the money printer.
26:54
You have to separate money from State, you have to take the
26:57
monetary policy out of the hands of human is that I think that
27:01
what was. So historic about him saying
27:03
that on stage is that he is reaching the same conclusions
27:07
that the bitcoiners have reached.
27:09
However, bitcoiners actually have a solution.
27:13
We actually have a solution to this and the solution is rules
27:17
without rulers Cap Supply, deflationary currency and that
27:22
protects the little guy. Bye.
27:24
And it also allows someone who's making a decent amount of income
27:28
like a dentist or a plumber. They're making, you know, a
27:31
hundred fifty thousand dollars a year.
27:32
Plus right? Just for them to maintain their
27:35
wealth. They have to become a part-time
27:37
investor, right? And that part-time investor
27:40
would tends to happen is that they Outsource a lot of that
27:42
responsibility to a financial services company, right?
27:47
Or they put their money in an index fund, right?
27:49
So they want that stable, you know, six pretend return and
27:52
then that creates Giant Frankenstein institutions like
27:56
BlackRock and Vanguard that have this tremendous amount of power
27:59
over Society. Right, the incentives are
28:02
broken. If there is someone or there's
28:05
an institution better said that has the ability to create money
28:09
for free that everybody else has to work for.
28:12
And now those ideas ladies and gentlemen, this makes me
28:16
extremely bullish. Are being talked about in
28:20
mainstream media and mainstream. I'm very popular podcast with as
28:26
Tim pull it Tim cast IRL whether that's Steve, bannon's War Room,
28:29
whether that's Tucker Carlson tonight and today, right?
28:33
You're getting the idea that the Federal Reserve is a scam, the
28:36
Federal Reserve is the problem. We must End the Fed but I do not
28:43
believe that attempting to do so politically right is going to be
28:49
effective. I believe it's a matter of
28:52
opting out choosing Not to participate.
28:55
And remember that very famous video from Hayek, right?
28:59
Can't use violence. You must find a slick roundabout
29:03
way. And I think that way has been
29:06
discovered and invented like Lynn, Alden said it, like a
29:09
couple. We like a couple days ago when
29:11
she came on the Pod, Bitcoin was invented and discovered We have
29:15
found it, we have found the Slick, roundabout way.
29:18
Now, I'm going to make the case that I think it's just a matter
29:21
of time before a lot of these individuals discover that it's
29:27
not only about ending the FED. It's about what are you going to
29:30
replace the FED with? And of course bitcoiners already
29:34
know the answer is Bitcoin baby. Anyways up to you.
29:38
What are your thoughts, bro? Steve definitely sounded like a
29:44
Bitcoin. ER I think we've long time the
29:46
same same argument and the same point of view and like some of
29:51
the chat and I think we've said it a million times on this show.
29:55
You know, the Federal Reserve is looks so you know, it's amazing
29:59
that people still, you know, think of them as an authority
30:04
figure as a legit. Institution.
30:08
And there's a point where Steve talked and I'm kind of triggered
30:11
under 35. Then you are a Russian surf,
30:14
damn. That'll you know I I don't know
30:18
anything. I'm not happy about it.
30:20
Hence, why we are bitcoiners and what to take Bitcoin in to sell.
30:25
Custody point, you know, Steve bands, war room is what you
30:28
said, the third highest podcast audience in the world and so, we
30:34
need need Steve Banning like we say all the time we said it
30:38
about Turk Carlson as well. We need him to endorse self
30:42
custody to his list so that people take Bitcoin into self
30:45
custody other. I think there is kind of a point
30:47
of contention here though like that Steve Madden and Tucker
30:50
Carlson for for for all intents and purposes have been labeled
30:55
as like the far far right you know political Paradigm and so
31:01
there may be a concern right now at least obviously not for us.
31:04
We try to ensure that Bitcoin stays bipartisan are simply
31:08
Bitcoin stays bipartisan, but I can see the media now kind at
31:12
least going to do their best to try to angle Bitcoin for Our
31:16
right extremists. So like I already I'm seeing
31:19
Through the Grapevine and I'm starting to get that Vibe, where
31:24
this is why we try to come out here, everything that Bitcoin is
31:27
the most inclusive, the most Equitable money in the world,
31:30
through 11, it has permission. You just didn't do well. and
31:39
this is a very, very awesome out these, these topics that we
31:44
could Continuously. Tallest is one of most important
31:50
things out there and the fact that the powers that be are
31:52
losing the control on the Monopoly of truth is, you know,
31:56
bullish for all of us out here that are still have a brain that
32:00
are still team human that do not want to follow along with this
32:03
dystopian hellhole that they want for us.
32:05
And so this is why we do what we do every single day and Inspire
32:09
everyone to take Bitcoin this up, custody, stay humble, stack
32:12
SATs. And and you know, fight fight
32:15
the monetary Demons by taking Bitcoin.
32:17
The self-test. Is this is simple.
32:20
It's got 100% obviously, the Matrix has you a little bit but
32:25
yeah, I agree. I do you know, unfortunately, we
32:29
are seeing this only from, you know, the the political right.
32:34
You know, in terms of broadcasters hopefully you start
32:37
to see it from the political political left as well because
32:41
Bitcoin is neutral, it's politically neutral, you know,
32:44
it really helps everybody, it's the most inclusive money.
32:47
The Others ever seen right? You know it helps all Races
32:50
Creeds religions, right? And that's really what it's
32:53
about and that message needs to be needs to be pushed.
32:56
This is not a, this is not a partisan issue as much as some
33:02
people would like to make it such right.
33:04
This is really about individualism versus
33:06
collectivism and, you know, Bitcoin really helps the
33:11
individual. And in fact, it's one of the
33:12
most powerful tools to empower the individual.
33:15
The likes of which have never been seen before.
33:17
Before in human history, right? And that's going to radically
33:20
change the world. But I agree I think it is very
33:24
important, you know, for this to remain, you know.
33:27
And we're when we will cover it as such because we do believe it
33:30
is. It is that thing.
33:33
But yes, Bitcoin is neutral. The Bitcoin is the money of
33:36
enemies. Right?
33:37
Bitcoin is is for everybody. It's not for an exclusive group
33:40
of people, unlike the US dollar by the way, right?
33:43
The US dollar, right? You know how the current
33:46
sanctions? Policy works if you happen to be
33:50
from a certain country, you happen to be born someplace, you
33:54
are not entitled to interact with the US Financial system,
33:58
you're not entitled to use dollars.
34:00
So what system sounds more equal and Equitable to you, I'll let
34:03
you guys be the judge, right? Remember when the United States
34:06
pulled out of Afghanistan? Right now, Afghanistan was cut
34:09
off from the US Financial system.
34:10
Same with Cuba, right? You Cuba is cut off from the US
34:13
Financial system. You know what still works there.
34:17
Bitcoin still works there. So what sounds more equal?
34:20
What sounds more Equitable. What sounds more inclusive to
34:24
you Bitcoin or the dollar. The dollar is exclusive, the
34:29
dollar cares, where you are born, where you are from and you
34:33
can even make the case that it cares.
34:35
Sometimes what your religion is Bitcoin does not care, right?
34:39
So it's very important to remember.
34:42
Bitcoin is for everybody and that includes sometimes your
34:46
worst. Ami's.
34:47
Anyways Opti, let's get to the culture.
34:50
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to your in The Matrix bro. Nico are we not doing Matrix is
35:29
better? Yeah.
35:30
You're in the year in The Matrix The Matrix has you.
35:35
Yeah I think I think you're going to just do just do Audio
35:37
Only today Opti. Okay, you're not guys, check out
35:41
big block. Boom.
35:42
Yep, check out bit block. Boom, it's one of the best
35:45
Bitcoin conferences in the United States.
35:47
It's August 24th, 25th 26th 27th 2023.
35:51
This is not a shit coin. Of a shit coin and if t or
35:55
blockchain event. And when they when they're
35:56
talking about shit coin, you know, bsv is included in their
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we talked about Bitcoin Bitcoin and more Bitcoin, guys,
36:03
definitely check out bit block. Boom, and you can take advantage
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of the promo code all caps, simply Bitcoin to get a major
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discount to your B Block. Boom, tickets Opti.
36:15
What you have for us during the culture?
36:17
My friend. Well, I hope you guys can hear
36:19
my audio. It worked.
36:22
Last time I was here, I guess I'll have to move to a different
36:24
room anyways guys you know what we do every single morning, we
36:28
try to check out the news, we try to figure out what Legacy
36:31
Media is saying in Rich to bitcoin and the actual story of
36:35
today that I wanted to cover. I saw this yesterday but I felt
36:40
it was very fitting that when I looked at the news this morning,
36:43
I saw a few headlines from Reuters and we're going to, I'm
36:48
just going to cover and I like the headlines and maybe the
36:51
first. But Got this one, actually,
36:54
actually, I think this one was first, we got Crypt overs,
36:57
bye-bye, to the year the guys apparently because broken, we
37:01
should pack it up and go home because it's all over here
37:04
because you know Bitcoin staggered in 2022 and by the end
37:08
of the year slumped into an Alleyway robbed of a cocktail
37:10
cheap money and leverage bash On by The Establishment and people
37:16
are going because Bitcoin is dead again.
37:18
Another headline cryptocurrencies at Crossroad.
37:21
After Annus horribilis, I don't even horriblest.
37:24
Apparently, I don't think that's how you say it and it says
37:31
crashes, contagion collapses came and stuck.
37:33
Secession that investors War towards the end of the year.
37:36
Asking serious existential because Bitcoin might be
37:41
outright dead because of the price.
37:45
First and foremost as bitcoiners.
37:47
Look at this as an opportunity to stack pointer sides.
37:51
This is Just another cycle of Bitcoin.
37:53
Yes. There's been more noise in
37:55
regards to bitcoin this year but Bitcoin is obviously not dead.
37:59
This will be another Bitcoin obituary on the long list of
38:04
Bitcoin obituary. So you know, Reuters just taking
38:08
an ally, Reuters does this, you know, they are Legacy Media.
38:12
They have been doing an awful coverage Of everything crypto
38:16
this year and they continue to paint and then Bitcoin.
38:20
But anyways, so I saw this yesterday.
38:22
And what is that? Fucking word?
38:24
What is that word? I notice.
38:25
I knows what is it? I know it's holding beliefs, I
38:28
knew this horrible. Yeah, after a horrible year,
38:33
maybe I think, I think. Yeah.
38:36
I think that means means I'm pretty sure that's year.
38:39
Yeah. Anyway, anyways, anyways, you
38:43
know, you already know Opt you can't speak and I especially
38:46
can't speak Latin anyways. I saw this post yesterday and it
38:51
was Corey and he goes kudos to be TC Schiller and the coin does
38:54
team for asking us to put this together in the wake of the
38:57
consensus mag. Most influential list conference
39:00
presentations. And then biggest development in
39:03
Bitcoin and to. So this is written by some of
39:07
the boys over at Swan. I think it's fitting to put
39:11
these two there because while Reuters, apparently being Legacy
39:16
Media. And what do we always try to say
39:19
about the Legacy Media that they are the authority figures in
39:23
media? Yet?
39:24
We know that they are hell-bent to destroy Bitcoin.
39:29
I like the banner anyways. Here we go.
39:32
Let's just kind of I'm going to kind of glaze over this.
39:34
You have the link in the bottom if you want to do, read it and
39:38
depth. But the idea here guys, is 2022
39:42
big? Yes, the price took a beating.
39:44
Yes. It's another bear Market.
39:45
Yes we went down to 70% or what have you in the Bitcoin price
39:49
but bitcoiners are building in the bear Market as our friend.
39:52
Becca always says, Corners are continuously building in this
39:56
bear market and this is just how the Cycles work out every four
40:00
years. We get we get a business cycle
40:02
or Bitcoin cycle and it'll pump and then it'll come back to the
40:06
mean and people that don't understand Bitcoin get afraid
40:11
and the strong hands will hold Bitcoin.
40:12
But anyways, the 10 biggest developments in big The 22
40:15
proving that Bitcoin isn't dead and we aren't saying Bitcoin, we
40:19
are being bored of Bitcoin. Well, let's just count it.
40:22
Look price, crashes and crypto collapses dominated headlines in
40:25
2022, but it was a significant progress for Bitcoin in 2022.
40:31
We saw how Bitcoin is a protocol allows for Innovation that
40:33
fills, whatever needs developers and entrepreneurs identify,
40:36
without any need for changes to that protocol.
40:39
And they've highlighted 10, important developments.
40:42
And the first one is, is another year of Percent uptime.
40:45
And I think this is the most important part for all of us
40:48
here as bitcoiners because this is all we need in a monetary
40:52
system. One that doesn't go down one
40:55
that doesn't get halted and have 51% attacks.
40:57
One, that does need a small cabal of people to control.
41:03
Well, the monetary net with the greatest cheer was once again
41:05
Bitcoin itself. Bitcoin continue to operate
41:09
flawlessly with one block coming roughly.
41:11
And it's Cohen, issuance precisely adhering to what was
41:14
set out instead. Toshi nakamoto's white paper in
41:16
2008. There were no emergency restart
41:18
snow hard for its no change, but to know protocol level hacks are
41:21
bug yet again, Bitcoin delivered, 100% uptime And was
41:26
available to anyone in the world in the face of everything 2022
41:29
through. Add it.
41:30
So This is what we try to tell you guys, handled a Bitcoin work
41:36
Bitcoin is and that is enough. And as bitcoiners, this is what
41:40
we bake line it is all about Bitcoin simply Bitcoin BTC.
41:44
And the second point over here is the growth of the lightning
41:46
Network. I know I You guys are using like
41:50
lightning Network grow. We've seen companies build on
41:53
top of it. I think I might even have a meme
41:55
in here, but if I brought it in for you guys and I can talk
41:58
about exactly the developments of lightning and and showing
42:02
that lightning similar works and people are continuously building
42:05
on top of it, it almost as if Bitcoin the scaling, this next
42:09
one and is all salvaged has gone before, I think one of the most
42:13
important things we've seen this year, is the fact that lie on
42:17
the back of Bitcoin, El Salvador.
42:19
Entry that went on the Bitcoin standard has literally 180 per
42:23
scented their country. It is safer.
42:26
It's got more tourism. They are out of hand.
42:30
This is what we all understood. It will do for not only
42:33
individuals, but for nation and the, the fourth one, which is
42:36
one of my, I think one of the coolest developments of 2022, is
42:40
the match incur accompany transact with Bitcoin over text
42:44
and app Rica. Now, you don't need a
42:47
smartphone. Just use x mess.
42:52
Use text message to to receive and send Bitcoin in Africa and
42:56
when you stop sure we covered the adoption of Bitcoin and
42:59
Africa and it's absolutely inspiring and motivating and
43:02
five Taro assets on the lightning Network.
43:06
Caro has had a little bit of contain people are building and
43:09
people love to build on top of Bitcoin.
43:11
You can issue assets on the lightning Network number six and
43:14
period. The first peer-to-peer lightning
43:16
native browser. I haven't used a -.
43:19
Yep, I've heard a lot of good things about it.
43:22
I will probably spend up another once I get or spin up my own.
43:28
Once I get I'm you know, we're busy over here next is that he
43:30
meant collaborative. Custody.
43:32
We covered this on the show. Matt Odell's, super bullish on
43:35
fed immense and this is one of those things where we can Uncle
43:40
Jim self custody going into the future and it's scale Bitcoin
43:45
and it's showing promise and We'll see exactly where.
43:49
And number eight, the valley for Value economy.
43:51
I know. All you guys are a part of it.
43:53
Where a part of it. You guys can stream asset.
43:57
All out there creating content? That's for you without the need
44:01
of a natural as a middleman. Absolutely bullish.
44:03
Number nine Platinum. Net lightning Community tools to
44:07
make lightning more functional. Pretty sure a lot of my friends
44:11
in the chat right here. Are part of this.
44:12
And, you know, it's an informal telegram group of ordinary
44:15
people interested in running their own lightning nodes
44:17
formed, and it's about to cross over. 5,000, doesn't it
44:22
Mattingly? Let's go.
44:24
The grill is Computing with BT. See my awesome to see all over
44:27
the world. People live with very little,
44:29
very expensive or no electricity in Bitcoin.
44:31
Mining is changing all this and one example, shared by Jack
44:34
Dorsey with powering, think a rural Canyon Village, I'll
44:38
secure during the big core network with X as hydropower.
44:42
All while only approximately $10 a month to only four dollars
44:48
still mark. And the block by Jack door, but
44:51
she secured in December to use Bitcoin, mining to increase
44:54
energy access is across Africa while further depleting and
44:58
securing the big. So again, Bitcoin isn't dead
45:02
while Legacy hell-bent idea of destroying Bitcoin of
45:07
gaslighting as bitcoiners us that we are not going.
45:13
Only thing to pick one is is Chuck.
45:19
A lot better than my internet is, apparently Nico.
45:24
I guess I'll pass it off here. Hopefully, hopefully, it works
45:27
out. Did was, I know, know what
45:30
you're saying. You're kind, it's not, is that
45:32
like terribly terribly bad. But, you know, it's, it's not
45:37
that usual quality after that, we that we deliver all that
45:40
racket. Absolutely wrecked.
45:41
I'll never know, don't see but no, no, dude, it was good.
45:45
You got the message. If I got to make it across,
45:47
first of all, shout out to coin desk.
45:49
Like great job guys, very surprised.
45:53
So I think I think it worked right police that show, dude.
45:59
Very very happy, I'm glad that they reacted, I'm glad that they
46:02
you know, acknowledge the fact that they that particular top 10
46:07
list had to do you know was - negatively represented Bitcoin
46:12
in this place. I'm glad that they did their
46:14
research and looked into it and really highlighted some very
46:18
important projects. And people and I think that's
46:21
absolutely phenomenal. So shout out to coin desk, you
46:23
got to give him credit, where credit is due great, you know,
46:27
hopefully, you know, they kind of realize the error of their
46:30
ways and they go Bitcoin only, but hey, you know what, Beggars
46:34
can't be choosers? This is the start, this is a
46:36
good direction. This is good momentum.
46:38
So shout out to coin desk or doing a great job.
46:40
I think that they're also trying to make amends as well.
46:43
Cory really did Rip him a new one when when he went into that
46:46
that spaces with them. So so yeah.
46:49
So the Bear. This makes me happy man.
46:51
This it's a good day, it's a good day and I honestly didn't
46:53
even know that dropped until you covered it Opti.
46:56
So really, really really you're not the only one getting the
47:00
sauce over there Nico. Yeah, me and dude, I'm so
47:04
focused on the the macro political thing that I don't
47:08
even know what the fuck's going on culture sense, but that's
47:12
exactly why you're here Opti. Um, anyways everybody, let's get
47:15
to the meme review so much. We got I always get excited and
47:19
scared at the same time. Let's check it out.
47:24
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Kaboom Kaboom. All right, guys, you already
47:56
know this is a mean review. Drop your mean review score in
48:00
the chat. Hopefully, I am not completely
48:02
lost in the Matrix and you can hear me.
48:04
As we say, every single day, tweet to the bullet and memes
48:08
are the artillery. So Here we go, let's Jump Right
48:13
In this first one is by thing. We're going to do a dip em under
48:19
School. For and and I really love this
48:25
urge for your Bitcoin wallet. And then at the very bottom, you
48:28
can say this is all the Bitcoin in the world.
48:31
This is what they're trying to ban, boys and girls just words
48:34
and code, have fun. Not going to work out.
48:37
This is all the Bitcoin in the world.
48:38
Every seed word on one little Bheem, explain to people how
48:44
this is Bitcoin and I really love this one, shouts out to
48:47
YouTube. This is an awesome little meme
48:49
is next one is by real app and he goes Meanwhile at the North
48:53
Pole and we got Santa Claus over here and he's looking at your
48:58
guys's Christmas list and he goes all time high.
49:00
I keep hearing about its everyone is just asking for
49:04
another all-time high for this Christmas.
49:07
Yeah. Well let's hope the prophecy is
49:09
true, you have three days to pull it through anyways.
49:12
Its next one is by 21, JC LP and it goes Bitcoin is a Beacon of
49:15
Hope and I really love the work that he's been doing.
49:18
And Bitcoin is that orange light?
49:21
House. Let's go.
49:26
What are you putting on the show?
49:28
This next one is B. 21 million goes rip, a true, big corner.
49:32
And you guys know I am a huge fan of George Carlin.
49:34
I say it all the time. If you are going to tell the
49:36
people the truth, you better make them laugh or they will.
49:40
Well, that's George Carlin. Here, we got another me and he
49:43
goes, I don't want a digital ID. I don't want a social credit
49:46
score. I don't want an electric car.
49:48
I don't want to grip reset. I don't want to eat bugs.
49:51
I don't want to be locked down, I don't want to rent my home.
49:54
And if you have a problem with that, here is a middle finger.
49:57
Shout out to George Karl, Luke, do I lack?
50:01
And this next one is by, at boom.
50:02
Hardening of the bitcoiners struggle with a heart and you
50:06
can see someone's talking to the big Corner goes, just, stop it
50:09
now Bitcoin, this Bitcoin. That.
50:11
Why can't you just carry on with normal money?
50:13
Like everybody else, when with laser eye goes, you don't
50:16
understand, there's nothing and he goes a dollars, a dollar
50:18
pounds of pound and the bitcoiners just go.
50:22
There's nothing there. Your money is.
50:24
Fugazi this next one by memeing Bitcoin.
50:27
Absolutely. Love this one.
50:30
No Bank. There's a bank, the Federal
50:36
Reserve must nurse trust us. We verified everything.
50:39
Hit it. No.
50:42
And then the Bitcoin Network, all those bighorns running our
50:47
node. Verifying our Bitcoin
50:49
transactions for ourselves. Yes, I verified everything.
50:53
This is a feature, not of this is why you need to run a node.
50:56
And this next one, shouts out the car.
51:00
I'll be mango and he goes just Tech checking of custody you
51:04
know, SPF right here in the clip.
51:05
Y'all self custody your Bitcoin. I hope your sell custom your
51:09
Bitcoin. Anyways, you already know.
51:14
I'm a bring, bring my camera in for a moment before.
51:16
The Matrix gets me. Craig is a potato, a huge boom
51:28
racks. Abdi your internet is absolutely
51:34
terrible. I'm taking you could jump in.
51:36
I'm taking over. I'm taking over.
51:38
I do know that is Oh wrong. One wrong one to nicko's.
51:42
Oh my God. Alright so guys before we read
51:48
the scores in the live chat I want to I want to give a
51:53
shout-out to our awesome sponsor represent LTD.com.
51:57
They're dropping simply Bitcoin marriage.
51:59
I'll show off the camera. A hoodie, which is my favorite.
52:02
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52:05
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There's a fucking giant tank. Only unrepresentable t.com the
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snapbacks, it's awesome, they're dope AF.
52:23
Anyways let's let's check out some of the let's check out some
52:28
of the scores going to bring Opti back.
52:31
First score is by opt he's I mean Santiago González.
52:36
I gave those memes to more Anna's whole beliefs and by the
52:40
way, I think in Latin that means horrible year up these
52:43
inflation, with sexy male British accents score that
52:47
feeling when you understand how dumb the average Normie is and
52:50
then realize half of them are even dumber than that.
52:52
I don't think it's that they're dumb, dude, it's just low
52:54
information and you have to understand the mainstream media.
52:57
Matrix is very, very powerful Rave elevator.
53:01
I give the memes one quote going-out-of-business sign for
53:05
the Federal Reserve. I love that one.
53:06
That one's great. Next one.
53:08
Bye Frank Arne. I give the memes a whole bsv
53:11
coin, that is definitely going to the Moon because I am
53:14
mentally challenged real Bitcoin gfy.
53:17
All right. What's the next one Opti?
53:19
Lucky redfish. Hey man, good to see you.
53:22
I give those memes 10 million bsv await their worthless.
53:28
Mg Smith, I give the memes a mug of Winkle, Vite ears.
53:33
Very, very nice. Alright, next one by Diaw genus
53:36
I give the me, the mems a bring back mini Nico, your wish is
53:41
granted. We are doing it.
53:43
Mini Nico is back. All right, I'm in the corner.
53:47
Whoop, whoop, and look, check this out.
53:48
I can bring yellow. It's kind of weird now.
53:51
Huh. Okay, anyways, so BT BT, C pins.
53:56
I give the memes a Miraculous Miracle.
54:01
Okay, Andres, I give the memes a new internet.
54:04
Router up the hint hint Elaine. I give the memes some better
54:08
crashing for Opti will forget it fixed tomorrow.
54:11
Leave leave for out the alone Pravana.
54:16
Fi I give the memes a chicken in every pot and Bitcoin and every
54:19
self custody wallets. Very, very nice.
54:22
Very, very nice. All right.
54:23
Opti is that? It is this, the buzzer, is it
54:25
buzzer time. All right, Verybody also check
54:29
out Simply Bitcoins awesome telegram group you gotta go to
54:32
www.ah.mil / simply Bitcoin TV also check out our blog
54:36
www.subply.com danis, we're dropping hot sauce every couple
54:42
of days or so it's the written version of this show.
54:44
Shoutouts are awesome writers, exact Paul why Nick is Rusted
54:48
all bringing in the signal. Anyways, Opti software release
54:52
or website. Software release, I heard
54:59
Bitcoin software release, brought to you by Cipher safe,
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55:28
right everybody I want to tell you guys about LDK lightning
55:34
development kit version zero point zero point 1 1 3 API
55:39
updates and Bug fixes the lightning development kit is a
55:42
library that allows you to build a lightning node without
55:45
worrying about implementing low-level lightning logic
55:48
correctly LD case, based on Rust, lightning a full feature,
55:51
but also incredibly flexible lightning implementation,
55:55
allowing you to side how to You use it.
55:57
And here are some of the specific updates API updates
56:01
channel manager, confirm channel manager event, right?
56:04
You guys could dig into a lot of this.
56:06
That also bug fixes fixed a rare rare case.
56:10
Maybe this was a rare race where he cracked a rare case where
56:14
crash May result in a pending H TLC, not being filled backwards
56:18
leading to a force closure by our counter party.
56:21
So, if you guys run lightning development kit, there is a
56:25
software update. Always also check the signatures
56:29
you should got. You guys should get into the
56:30
habit of doing. So if you don't know how to do
56:32
this, plenty of tutorials on YouTube.
56:35
Also guys, thank you so much for tuning in to another episode of
56:38
Simply Bitcoin live. We love you all of you like to
56:40
show, you know, what to do, consider hitting that like
56:43
button. If you feel like we provided you
56:46
value, consider subscribing. And of course, number one thing
56:49
that you could do to pee push this peaceful Revolution forward
56:52
and it's working, it's working. I think we covered that
56:55
thoroughly today. It is share this video in fact,
56:58
share all Bitcoin content. We love you all we will see you
57:02
tomorrow opt he's going to get better internet as well.
57:06
And of course we have Twitter spaces which we co-host with our
57:10
friends over at some on bitcoin best place to Stacks at so, on
57:13
bitcoin.com. And that is live until 2:00 p.m.
57:17
Eastern Standard Time. A, I'll be able to be there for
57:21
about 15 minutes and then I gotta run, but opted, he's going
57:24
to hold it down. Like he always does.
57:26
You all see you tomorrow.